GST (1)

1. G.S.T stands for ______

• Government Service Tax
• Goods and Services Tax
• Goods Sold Tax
• Government Sold Tax

2. If the rate of G.S.T is 12%, then the rate of S.G.S.T for intra transaction is

• 6%
• 12%
• 3%
• 24%

3. G.S.T was introduced on ______

• 1st July 2017
• 1 st Jan 2021
• 1st June 2017
• 31st July 2017
• Option 3

4. If the transaction is between two states and Rate of G.S.T is 12%, then C.G.S.T is equal to

• 6%
• 0
• 12%
• 24%

5. If the discount is to be given, the G.S.T is calculated?

• after discount
• before discount
• Anything is fine
• None of the above